Tuesday, 28 January 2025

Tuesday bounce

US equity indexes mostly closed on a positive note, SPX +55pts (0.9%) at 6067. Nasdaq comp' +2.0%. Dow +0.3%. The Transports settled -0.9%. R2K +0.1%

SPX - daily

VIX - daily

Summary

US equities opened a little higher, but the gains were shaky from the start, with the SPX briefly cooling to 5962. There was a secondary push upward... settling broadly higher to 6067.

Volatility was ground lower, the VIX settling -8.3% to 16.41.


Extra charts in AH (usually around 5pm EST) @ https://x.com/Trading_Sunset

Goodnight from London
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